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PG&E bankruptcy could mean price hikes, unpaid fire lawsuits

SACRAMENTO, Calif. (AP) — Pacific Gas & Electric Co. said this week it will file for bankruptcy, raising concern that rates for electricity and gas will rise and victims of California wildfires who..
New Zealand Herald - Published Also reported by •Seattle Times

PG&E faces bankruptcy over California wildfires

PG&E, the nation's largest utility, plans to file for Chapter 11 bankruptcy because it faces at least $30 billion in potential damages over the catastrophic wildfires in California that killed scores..
USATODAY.com - Published Also reported by •Reuters IndiaReuters

Videos for "California Wildfires"

PG&E set to file for bankruptcy [Video]PG&E set to file for bankruptcy  00:47

Pacific Gas & Electric plans to file for bankruptcy as they face numerous claims stemming from a series of Northern California wildfires.

Rumble - Published

Jim Cramer Breaks Down the Unfolding Drama Over at PG&E [Video]Jim Cramer Breaks Down the Unfolding Drama Over at PG&E  00:37

TheStreet's Joseph Woelfel and Anne Stanley have been following the utility company as the drama has unfolded. In a statement, the California utility company said it intends to file petitions to..

The Street - Published

Jim Cramer's Reaction to Citigroup's Earnings, PG&E and Why China Matters [Video]Jim Cramer's Reaction to Citigroup's Earnings, PG&E and Why China Matters  10:23

Time to kick off the week. Here's what's on Jim Cramer's mind on Monday, Jan. 14. Citibank's Earnings TheStreet's Bradley Keoun broke down Citigroup's earnings. Net income was $4.3 billion, the New..

The Street - Published

PG&E Will File For Chapter 11 [Video]PG&E Will File For Chapter 11  00:44

FILE PHOTO: PG&E works on power lines to repair damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage/File Photo (Reuters) - PG&E Corp (PCG.N) said on..

Wochit Business - Published

Rep. Garamendi Warns Trump: 'Don't Screw With California!' [Video]Rep. Garamendi Warns Trump: 'Don't Screw With California!'  02:29

Rep. John Garamendi (D-Calif.) warned President Trump not to mess with emergency funding for California on Friday after the commander-in-chief threatened to cut off disaster-relief in the fire-ravaged..

Cheddar Inc. - Published

PG&E restores gas service to Paradise customers affected by wildfire [Video]PG&E restores gas service to Paradise customers affected by wildfire  00:35

According to Reuters, PG&E Corporation, the electricity provider from the northern California region that was ravaged by the deadly California wildfires, has announced that it has restored natural gas..

Wochit - Published

Pelosi: Trump has 'no right' to withhold funds from CA [Video]Pelosi: Trump has 'no right' to withhold funds from CA  01:16

House Speaker Nancy Pelosi on Thursday rebuked President Donald Trump for threatening to block disaster relief funds for California, a state recently ravaged by deadly, destructive wildfires whose..

Reuters Studio - Published

Trump Threatens To Cut FEMA Funding For California Wildfires [Video]Trump Threatens To Cut FEMA Funding For California Wildfires  01:22

In a tweet Wednesday, Trump said he'll order FEMA to stop sending California money to fight wildfires "unless they get their act together."

Rumble - Published

Trump threatens to cut California wildfire aid [Video]Trump threatens to cut California wildfire aid  02:17

President Trump says he has ordered a stoppage of federal emergency aid to California, blaming the state for not managing its forests.

ABC 10 News | San Diego - Published

Trump Threatens to Cut FEMA Funding for California Wildfires [Video]Trump Threatens to Cut FEMA Funding for California Wildfires  01:21

In a tweet Wednesday, Trump said he'll order FEMA to stop sending California money to fight wildfires "unless they get their act together."

Newsy Studio - Published

 

Bullseye Event Group Announces Remaining Celebrity Chef Lineup for 2019 Players Tailgate at Super Bowl 53

With a team of chefs hand-selected by celebrity chefs Guy Fieri and Aaron May themselves, the culinary experience that is the Players Tailgate promises to once again up-the-ante in February in..
PRWeb - Published

PG&E ex-CEO receives $2.5 million in severance as company announces plans for bankruptcy

The ex-PG&E CEO resigned Sunday ahead of the utility's impending bankruptcy due to potential liability for its role in recent California wildfires.
USATODAY.com - Published

Fear of mudslides from California storms

Evacuations are being ordered in many areas of California that were recently burned by wildfires. Winter storms are heading to the state and there is concern that they could trigger deadly mudslides...
USATODAY.com - Published

PG&E Prepares for Bankruptcy Amid Wildfire Fallout

PG&E plans to file for bankruptcy protection by the end of the month as the utility faces more than $30 billion in potential liability costs related to its role in sparking deadly California wildfires.
Wall Street Journal - Published

PG&E Plans To File For Bankruptcy Over Possible Liability In California Wildfires

The utility says it could be facing tens of billions in liability costs connected to the 2017 and 2018 Northern California wildfires. PG&E also says its CEO is stepping down.
NPR - Published

No. 1 U.S. utility PG&E prepares bankruptcy filing after California wildfires

PG&E Corp , owner of the biggest U.S. power utility by customers, said on Monday it is preparing to file for Chapter 11 bankruptcy protection as soon as this month amid pressure from potentially..
Reuters - Published Also reported by •Reuters India

California utility, battered and blamed in wildfires, filing for bankruptcy protection

Pacific Gas and Electric said it plans to file for bankruptcy protection amid potentially massive liabilities resulting from recent deadly California wildfires.
CBC.ca - Published

PG&E to declare bankruptcy amid multibillion-dollar liability claims for its part in California wildfires

"This is the biggest utility failure I've seen," said one analyst.
euronews - Published

Complex bankruptcy ahead for PG&E following devastating California wildfires

The utility company's bankruptcy promises to be more complicated and political than most bankruptcies, pitting fire victims, ratepayers, bankers and renewable-energy providers against one another.
Seattle Times - Published

California utility seeks bankruptcy protection following wildfires as CEO resigns, barricades put out front of HQ

As it faces potentially colossal liabilities over deadly California wildfires, embattled utility Pacific Gas & Electric Co. announced Monday it will file for bankruptcy protection a day after its CEO..
FOXNews.com - Published

Patrick Schwarzenegger on Trump’s ‘inappropriate’ deadly California wildfires remarks, tight-knit family

Patrick Schwarzenegger had a lot to say about President Trump's handling of last year’s deadly California wildfires which left thousands of residents displaced and without shelter.
FOXNews.com - Published

PG&E, facing colossal liability, seeks bankruptcy protection

SAN FRANCISCO (AP) — Facing potentially colossal liabilities over deadly California wildfires, PG&E will file for bankruptcy protection. The announcement Monday follows the resignation of the power..
SeattlePI.com - Published

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